Auto & Transportation

AutoLiv: Financial Report January - March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ --  Q1 2020: Perhaps, the end of the beginning Financial highlights Q1 2020 $1,846m net sales 13% organic sales decline* 7.3% operating margin 7.4% adj. operating margin* $0.86 EPS - a decrease of 32% $0.88 adj. EPS* - a decrease of 27% Full year 2020 indic...

2020-04-24 18:47 6271

Veoneer: Financial Report January - March 2020

STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...

2020-04-24 17:54 7317

Veoneer to Focus on Core Electronics Business

STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...

2020-04-24 06:17 8323

Invitation to Teleconference/Audio Transmission

GOTHENBURG, Sweden, April 23, 2020 /PRNewswire/ -- Concordia Maritime welcomes you to participate in a teleconference/ audio transmissionApril 29 2020, at 03.00 pm CEST. The Interim Report for Q1 2020 (published 29 April 2020) will be presented and questions answered. Presiding: Kim Ullman, CEO...

2020-04-23 16:32 2007

Carrier Hong Kong Wins Long-Term Service Agreement at the Hong Kong International Airport

Carrier Hong Kong Ltd to provide chiller maintenance and service throughout the airport HONG KONG, April 23, 2020 /PRNewswire/ -- Carrier Hong Kong Ltd (Carrier Hong Kong) was awarded a four-year chiller service agreement covering all 52 chillers in 17 buildings ofHong Kong International Airport...

2020-04-23 10:00 7672

ASAM's OpenSCENARIO 2.0 Concepts Demonstrated Using Foretellix M-SDL

TEL AVIV, Israel, April 23, 2020 /PRNewswire/ -- Foretellix , an Israeli based start-up with a mission to enable measurable safety of advanced driver assistance systems (ADAS) & autonomous vehicles (AVs), today announced that its Open M-SDL language concepts are inclu...

2020-04-23 09:00 3274

APG, CPP Investments and ESR establish new US$1 billion development joint venture to boost investment in South Korean logistics real estate

* Represents one of the largest global logistics real estate capital raisings to date this year * Successor development vehicle to maiden capital vehicle among APG, CPP Investments and ESR SEOUL and HONG KONG, April 23, 2020 /PRNewswire/ -- APG, Canada Pension Plan Investment Board ("CPP Inve...

2020-04-23 08:22 10288

RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo

NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent , the world's leading research, advisory and consulting firm focused on financial services technology, has namedRattanIndia Finance  as the winner of The Celent Model Bank Award 2020  for ...

2020-04-22 16:22 4577

Kona Electric recognized as one of the greatest EVs on sale in TopGear Electric Awards

* Kona Electric named Best Small Family Car in magazine's first Electric Awards * European road trip covers 1,600 kilometers and 9 countries in under 24 hours – busting the myth that you cannot travel far in an electric car SEOUL, South Korea, OFFENBACH, Germany and LONDON, April 22, 2020 /PR...

2020-04-22 16:00 5812

USI SOM System Modules adopted by leading brands in Rugged Handheld Devices and Tablet Computers

SHANGHAI, April 22, 2020 /PRNewswire/ -- USI (SSE: 601231), a leading electronics designer and manufacturer in the world, announced the launch of its SOM (System on Module) modules for rugged handheld devices and tablet computers. The MS-01 PRO WWAN multi-frequency band wireless System on Module ...

2020-04-22 07:30 4537

COVID-19 Pandemic Impact: Freight Activity Falls After Historic Rise with Disruption Ahead - Double Digit Impact Expected in Q2

ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on Freight Transportation and Logistics OYSTER BAY, New York, April 21, 2020 /PRNewswire/ -- It is no surprise that the COVID-19 outbreak has led to panic buying of items such as toilet paper and san...

2020-04-21 20:30 2625

KPMG China launches the third KPMG China Leading AutoTech 50 report

HONG KONG, April 21, 2020 /PRNewswire/ -- China's automotive industry is entering a phase rapid adjustment. In a constantly changing market environment, new technologies and models are triggering profound transformation in the structure and ecology of this sector, according to KPMG's third annual...

2020-04-21 17:41 3339

LOGOS, Ivanhoe Cambridge and Bouwinvest Complete First Close of China Logistics Development Venture with US$800m of Investment Capacity

SHANGHAI, April 21, 2020 /PRNewswire/ -- LOGOS, Ivanhoe Cambridge and Bouwinvest are pleased to announce they have completed a first close to establish anew logistics development venture in China with a GCC-based (Gulf Cooperation Council) investor for the development of high-quality logistics an...

2020-04-21 11:46 3751

AUTOCRYPT Shortlisted for 2020 TU-Automotive Award - Automotive Tech Company of the Year

DETROIT, April 20, 2020 /PRNewswire/ -- AUTOCRYPT, an all-in-one mobility security solutions company for connected vehicles, was announced as a finalist for the 2020 TU-Automotive Award for the second consecutive year. TU-Automotive represents the entire automotive technology ecosystem with leadi...

2020-04-20 14:00 2008

TVS Motor Company completes acquisition of Norton

SINGAPORE, April 20, 2020 /PRNewswire/ -- TVS Motor Company, a reputed manufacturer of two-wheelers and three- wheelers in the world, yesterday announced the successful acquisition ofBritain's most iconic sporting motorcycle, "Norton", in an all-cash deal for a consideration ofGBP16 million ...

2020-04-20 13:13 3076

Eka Global: Supply remains priority for food packaging during coronavirus outbreak

BANGKOK, April 20, 2020 /PRNewswire/ -- Despite some challenges from coronavirus outbreak, Eka Global, one of the world's leading longevity packaging producers, confirmed no compromise on supply and quality of its food packaging while demand in the global ready meal packaging was rising. Longevit...

2020-04-20 10:00 5298

Conic Releases Ramu Q1 2020 Production Performance

TSX Venture:  NKL TORONTO, April 18, 2020 /PRNewswire/ -- Conic Metals Corp. ("Conic" or the " Company") (TSXV: NKL) is pleased to provide operating results for the quarter endingMarch 31, 2020 of the Company's largest asset, being the Ramu Nickel-Cobalt ("Ramu") integrated operation in Pap...

2020-04-18 03:21 3674

700-Mile-Range Triton Model H - the New Electric SUV Launch - Now Taking Pre-Orders

CHERRY HILL, N.J., April 17, 2020 /PRNewswire/ -- Triton Solar, a New Jersey -based technology company, is launching its first EV SUV – Triton Model H, an electric SUV – today across the globe. The project has been ongoing for the last 18 months, and the CEO of Triton Solar, Himanshu Patel, recen...

2020-04-17 23:00 2085

Frost & Sullivan Identifies Growth Opportunities Across Automotive Verticals for Industry Recovery

Automotive stakeholders to focus on resource optimization, new growth segments, and cost rationalization to overcome slowdown due to COVID-19 SANTA CLARA, California, April 16, 2020 /PRNewswire/ -- The COVID-19 pandemic and the expected global economic recession to follow have many governments an...

2020-04-16 03:28 2183

Dachser organizes transportation by block train along the New Silk Road

HONG KONG, April 15, 2020 /PRNewswire/ -- BASF entrusted its long-standing logistics provider Dachser to handle a first block train toChina. The train of 42 containers carrying BASF products arrived in the Chinese city of Xi´an. Dachser took care of all organizational aspects -- including coordin...

2020-04-15 16:27 3383
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